1 which of the following concepts is relevant to, Ask an Expert

Finance

1. Which of the following concepts is relevant to opportunity cost?

A. comparative advantage

B. interest rates

C. absolute advantage

D. demand

2. The additional consumption that results from one dollar increase in disposable income represents

A. diminishing marginal return

B. marginal propensity to consume

C. marginal propensity to save

D. marginal propensity to invest

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91950929

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